Save Time and Money with Employment Verification
In today’s worldwide volatile economy, it is of vital importance that entrepreneurs do everything they can to keep their business afloat, and one solid way of achieving this is to hire the right employees. As one of the biggest assets in any business, organisations have become increasingly aware of the tremendous consequences of bad hiring decisions and don’t want to take any chances with new employees. Just as an employee can lead a business to victory, so too can they lead a business to liquidation, which is why in such an unpredictable time of job uncertainty, it is imperative that businesses surround themselves with as much certainty as possible.
What Really Happens When You Hire the Wrong Candidate
Did you know that the latest research indicates that around 6 in 10 employers have experienced the negative effects of hiring the wrong employees? Today, employers who fail to demonstrate due diligence can be hit hard. Not only will the employee need to replaced, but a bad hire drains energy and time, and can cost organisations in a number of ways. In fact, a recent survey by the world’s first and largest human resource consulting firm revealed that while 39% of CEO’s said that bad hires cost them in productivity, 11% said that bad hires had cost them in sales. It was also revealed that most managers today spend up to 17% of their day managing poorly performing employees.
30% of CVs Contain False and Exaggerated Material
Yes, in business, human capital is the true competitive advantage and in a poor job economy such as ours, there is a much higher rate of deception on resumes to help candidate’s fit the requirements of the job. Did you know that up to 30% of applications contain false and exaggerated material? From falsifying university degrees, exaggerating skills and experience, and lying about reasons for previous terminations to the falsification of references and criminal records – not only is hiring the wrong candidate dangerous, but a bad hire can cost any organisation enormous amounts of money and time. Given that employees are both the biggest single investment and the biggest source of risk, it makes good sense to know who you are really hiring, which is why employment verification is one of the most important checks an employer can conduct.
We Can Save Your Business Time and Money
If you’re managing a small or large business and you’re finding employment verification an insurmountable task, we can do it for you. Registered as expert labour law attorneys with the Law Society, we are a boutique law firm that specialises in labour law and employment law. Taking great pride in our specialised labour law services, we not only have the expertise, understanding and compassion, but we also have the legal muscle to deal with every type of workplace matter.
In addition to our litigation services, we also provide a HR consulting service to employers that include employment advice, hiring practices, retrenchment procedures, HR relations, and employment verification services. By utilising our due diligence employment verification services, we can help you avoid negligent hiring lawsuits, unqualified applicants, CCMA hearings, and time wasted on recruitment and training, as well as workplace problems such as theft, violence and sexual harassment.
Whether you’re looking for a bit of guidance regarding employment contracts or background checks, you can always rely on Allardyce & Partners for the right facts. For more information about our employment verification and HR services, contact us at reception@www.allardyce.co.za or on 011 234 2125 today.
NB: This article is for information purposes only and does not constitute legal advice. You are advised to consult with us before using/relying on this information.
